Wednesday, July 15, 2009

Companies advance in Clean Tech Open - Portland Business Journal:

Companies advance in Clean Tech Open - Portland Business Journal:: "Three Portland companies have reached the semi-final stage of the first ever Pacific Northwest Clean Tech Open competition.

A total of 12 semi-finalists have been chosen from 56 competitors who submitted business plans for the Clean Tech Open. Three regional winners will receive $50,000 in cash and in-kind services, and move on for the chance to win a similar $250,000 prize in a national competition.

Portland’s semi-finalists:

• Green Lite Motors Corp., which is developing a three-wheeled, enclosed, gas-electric hybrid vehicle capable of highway driving while getting 100 miles per gallon.

• Shorepower Technologies, a manufacturer and developer of electric vehicle charging station units, including those being deployed by Portland General Electric.

• Veranda Solar, a maker of plug-and-play decorative solar panels designed to be hung from a window or clipped to gutters and balconies.

In reaching the semi-finals, each of the companies will now receive mentoring from local and national business leaders who will help hone their business plans as they prepare for the regional finals in September."

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